Apple’s Earnings Report

Business Insider has an interesting article reflecting on Apple‘s recent unprecedented earnings report.  It is the second most profitable company on the planet, behind the evil Exxon.  Here is a chart from the article, but you need to read the whole article, Mind-Melting Facts about Apple’s June Quarter.  It really is amazing!… Continue reading

Overtaxed Corporate America

I hear all of the propaganda about how over taxed corporate America is.  I’m frequently reminded, especially during election cycles, that the tax burden is so unbearably high for corporations, they seek ways to move business outside of the USA. Really, now. What percentage of your income did you pay in income tax last year?  I bet it was a… Continue reading

Sadly Ironic

Today Apple sold its 10,000,000,000th (that’s billionth) song at the iTunes Store—all in less than 7 years. The music industry can gripe all it wants, but Apple has made them a lot of money they would otherwise have lost to file sharing! Today’s Business Insider has this headline: Blockbuster Collapses: Shutting Down 500 Stores In Desperate Bid To Save $200… Continue reading